Summit Hotel Properties director reports sale of 25,000 INN shares

Summit Hotel Properties, Inc. insider reports stock sale and holdings.

Rhea-AI Filing Summary

Summit Hotel Properties, Inc. insider reports stock sale and holdings. A director of Summit Hotel Properties, Inc. (ticker INN) reported a sale of common stock dated 01/05/2026. The filing shows a sale of 25,000 shares of common stock at a price of $4.84 per share.

After this transaction, the director directly owned 73,393 shares of common stock. In addition, 444,295 shares of common stock were reported as indirectly owned through Sagestar Family, LLC. These indirect shares were issued to an entity partially owned by the reporting person, who disclaims beneficial ownership except to the extent of his pecuniary interest.

Insider Trade Summary

Net Seller: 25,000 shares

Net Sell 2 txns

Insider Patel Mehulkumar Bhikhubhai

Role Director

Sold 25,000 shs ($121K)

Type	Security	Shares	Price	Value
Sale	Common Stock	25,000	$4.84	$121K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 444,295 shares (Indirect, By Sagestar Family, LLC); Common Stock — 73,393 shares (Direct)

Footnotes (1)

1. F1. Shares of common stock of the Issuer issued to an entity partially owned by the reporting person. The reporting person disclaims any beneficial ownership of such shares of common stock, except to the extent of his pecuniary interest therein.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction was reported for Summit Hotel Properties, Inc. (INN)?

A director reported a sale of 25,000 shares of Summit Hotel Properties, Inc. common stock on 01/05/2026 at a price of $4.84 per share.

How many Summit Hotel Properties, Inc. (INN) shares does the insider own directly after the transaction?

Following the reported sale, the director beneficially owned 73,393 shares of Summit Hotel Properties, Inc. common stock directly.

What indirect ownership in Summit Hotel Properties, Inc. (INN) did the insider report?

The filing reports 444,295 shares of common stock as indirectly owned through Sagestar Family, LLC.

What does the filing say about the insider7s beneficial ownership of the Sagestar Family, LLC shares?

It explains that the shares were issued to an entity partially owned by the reporting person, who disclaims any beneficial ownership of those shares except to the extent of his pecuniary interest.

What role does the reporting person have at Summit Hotel Properties, Inc. (INN)?

The reporting person is identified as a Director of Summit Hotel Properties, Inc.

Is this insider filing for one or multiple reporting persons for Summit Hotel Properties, Inc. (INN)?

The document states that the form is filed by one reporting person, not by more than one reporting person.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 01/06/2026 - 04:40 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Patel Mehulkumar Bhikhubhai

(Last) (First) (Middle)

13215 BEE CAVE PARKWAY,

SUITE B-300

(Street)

AUSTIN TX 78738

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Summit Hotel Properties, Inc. [ INN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								73,393	D
Common Stock	01/05/2026		S		25,000	D	$4.84	444,295(1)	I	By Sagestar Family, LLC

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares of common stock of the Issuer issued to an entity partially owned by the reporting person. The reporting person disclaims any beneficial ownership of such shares of common stock, except to the extent of his pecuniary interest therein.

Remarks:

	/s/ Christopher R. Eng, as Attorney-in-Fact	01/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.